According to SaveDeadwood.net, the Hollywood Reporter has announced that David Milch and HBO have come to an agreement to broadcast a pair of two-hour movies (in lieu of a full fourth season) that will wrap up the show's lingering storylines.
I guess this is good news, but I'm disappointed nonetheless. The pace of the show over a 12 episode season was part of its charm, if you can call a series about a lawless mining camp in the late 19th century charming.
It sounds like Milch is happy, and since I trust his creative decisions, I guess I can be happy too. I hope none of the actors have already shaved their mustaches.